Hey All, I have a retired friend who's getting interested in the market. He was a U.S. History teacher for 30 years, was in law school for a stint, and also studied a bit of economics. What company or industry would best leverage his experience? I was thinking Fx, because of how history relates to international affairs... but I feel like I could do better. Thanks, Keith
History is the past, which does not portend the future. Tell him to invest his stash in a Vanguard index fund and never look back.
Keith, is there any particular reason you are not offering him something similar to what you do? Might be easier to guide him this way. Val
Dude, don't encourage your retired teacher friend to speculate in leveraged financial markets. Tell him to take up gardening, art, woodworking, poetry, foreign languages, cooking, chess, online gaming, anything but trading forex.
I would recommend he trade a small micro futures account (<$10k) for at least a year profitably before he worry about trading more significantly
Yes... but there's a difference between history and a former history teacher. I'm in balls deep man... trade tech, quant, algo, hedge funds... way out of his league. I think that there is... but where? HA! Good comment, I must admit! But there's got to be some corner of the market that's right for him. He's interested! Yeah... just yeah.